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329 Palermo Ave, Coral Gables FL 33134

Commercial Sale

329 Palermo Ave

Coral Gables, FL 33134

ML#:A11269370
List Price:$6,500,000
Status:Closed
Days on Market:139
Listing Brkr:One Sotheby's International Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:5000 sqft
Year Built:1971
Stories:2

General Information

Type Property:Commercial Sale
Style:Office
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33134
Subdivision:
Latitude:25.745684
Longitude:-80.261186

Additional Features

Heating:Central Building A/C
Cooling:Central Building A/C
Construction:CBS Construction
Waterfront:No

Financial Information

Annual Taxes:$43,295
Days on Market:139

Remarks

The 329 Palermo Business Center presents an excellent opportunity for an owner. User to purchase a superb Class B office building. This 2-story Class B office building is located in the heart of Coral Gables CBD and is available for immediate occupancy. The 9958 Square feet office building has 12 on-site covered parking spaces along with 4 restrooms, a kitchen, a conference room and 18 offices in an open floor plan.329 Palermo would allow an owner-user to occupy this one-of-a-kind building for significantly less than they could lease on an annual basis. Rents in Coral Gables are on the rise with more and more tenants entering the market every day. Retail space commands a premium compared to office space and current lease structures in place limit the owners exposure to increased expenses.

Listing Agent

Manuel Chamizo III

One Sotheby's International Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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